Recent data suggests that the U.S. housing market is in recovery, albeit an uneven one.

Sales of new homes fell to the lowest levels in four months last month.

Despite sparse home inventory, the National Association of REALTORS reports that 4.59 million “existing homes” were sold in February on a seasonally-adjusted, annualized basis.

After a series of months during which volume was low, foreclosure filings have started to rise again.

The Pending Home Sales Index resumed its climb in January, posting a 2 percent gain over the month prior.